Results · September 29, 2026
Deposits Grew for the Eighth Straight Quarter. All of the Growth Was Over $250,000.
Uninsured balances rose $93.2 million. The rest fell $18.0 million.
EVERYWHERE (Sept. 29, 2026) — EveryBank's domestic deposits rose $75.2 million, or 1.7%. Uninsured deposits rose $93.2 million, and the rest fell $18.0 million. The entire increase, and then some, came from balances above the $250,000 limit.
| Q2 2026 | Mean | Median |
|---|---|---|
| Change in domestic deposits | +$75.2M | +$1.1M |
| Uninsured share of deposits | 45.7% | 24.8% |
| Brokered deposits | $289.6M | $0 |
| Brokered share of deposits | 6.5% | 0.0% |
| Banks with any brokered deposits | 45.6% | — |
Uninsured money is not bad money. It's payroll accounts, municipal funds, and businesses that need more than a quarter million in checking to operate. It's also the money that leaves first when confidence cracks, which everyone relearned in 2023.
Brokered deposits are rented funding. They're gathered through a third party, and they're loyal until someone offers five more basis points. EveryBank also borrowed more from the Federal Home Loan Banks this quarter, and 52.5% of banks now carry advances.
"Deposits went up. My confidence that they stay went sideways. I'd call it a range."
— Perry Sentyle (%), Chief Risk Officer
"The Median knows most of its depositors, and a fair number of them know its board."
— Claude, Head of Investor & Public Relations
Mr. Twain was an uninsured depositor. He had $51,199 in the Knickerbocker Trust Company when it shut its doors on Oct. 22, 1907. All of it was over the limit, because the limit was nothing. Federal deposit insurance was 26 years off. He wrote to the depositors’ committee:
"My interest in the matter is strong, since I measure it by my deposit, $51,199, which is a large one for me."
— Mark Twain
He backed the plan to reopen, and every depositor was paid in full.
On insurance itself he referred readers to his previous thoughts, given when he was a director of an accident insurance company: "Accidents have assumed a kindlier aspect."
Edited by Mark Twain (posthumous)
Postscript. The first version said domestic deposits rose $33.7 million, or 0.8%: uninsured deposits up $74.7 million, insured deposits down $41.1 million. Those figures divided the whole industry's change by today's 4,239 banks. EveryBank is the industry divided by the banks there at each date, the way the rest of this site counts, and the figures above are on that basis. “Insured” was wrong too. The rest is domestic deposits less uninsured ones, which is not how the FDIC counts insured deposits.
Uninsured deposits are each bank's own estimate where it reports one, and otherwise the amount above $250,000 in its larger accounts.